Twinhead International (TPE:2364) Research & Development: NT$121 Mil (TTM As of Dec. 2025)


TPE:2364 Twinhead International Corp TPE:2364
87 GF Score
Price NT$68.10
GF Value NT$82.88
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Twinhead International Research & Development?

Twinhead International TPE:2364 +0.59% 87 Research & Development is NT$121 Mil as of Dec. 2025. GuruFocus rates TPE:2364 with a GF Score™ of 87/100 and a GF Value™ of NT$82.88 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Twinhead International's Research & Development for the three months ended in Dec. 2025 was NT$32 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$121 Mil.

Twinhead International  (TPE:2364) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Twinhead International Research & Development Related Terms

Twinhead International Research & Development Historical Data

* Premium members only.

The historical data trend for Twinhead International's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Twinhead International Research & Development Chart

Twinhead International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.99 89.83 103.43 110.96 121.41

Twinhead International Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.02 29.93 30.03 29.60 31.85
TPE:2364
87GF Score
Twinhead International Corp TPE:2364
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Twinhead International Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$121 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of NT$121 Mil mean?
Twinhead International (TPE:2364) has a Research & Development of NT$121 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Twinhead International and its competitors.
Is Twinhead International's Research & Development too high?
Twinhead International's current Research & Development is NT$121 Mil. Overall, Twinhead International has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Twinhead International's Research & Development compare to SNDK and DELL?
Twinhead International's Research & Development of NT$121 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Twinhead International and its competitors. Twinhead International's current Research & Development is NT$121 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twinhead International stock overvalued right now?
Based on GuruFocus' analysis, Twinhead International (TPE:2364) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$82.88, compared to a current price of NT$68.10 — trading 17.8% below its estimated fair value. The current Research & Development is NT$121 Mil. Twinhead International's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Twinhead International (TPE:2364), the current Research & Development is NT$121 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Twinhead International (TPE:2364) Overvalued in 2026?

Based on GuruFocus' analysis, Twinhead International stock appears to be undervalued. The current stock price of NT$68.10 is trading 17.8% below its estimated GF Value™ of NT$82.88. GuruFocus considers Twinhead International to be Modestly Undervalued.

Key valuation signals for TPE:2364:

  • Research & Development: NT$121 Mil
  • GF Value™: NT$82.88 vs. price of NT$68.10 (17.8% below fair value)
  • GF Score™: 87/100 with 1 warning sign

No single metric tells the full story. See the TPE:2364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Twinhead International Business Description

Address Ruiguang Road, No. 550, 9th Floor, Neihu District, Taipei, TWN, 114
Twinhead International Corp is engaged in the manufacturing of personal computers and peripherals. Its product offerings include mobile computers for military or industrial applications, rugged tablet PCs, semi-rugged mobile computers, mobile thin clients, medical tablet PCs, and other customized motherboards/systems. In addition to standard product lines, the company also offers full original design manufacturing and partial customization services. Geographically, it generates the majority of its revenue from personal Europe.
87GF Score

Get the complete analysis for TPE:2364

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$68.10
Price
NT$82.88
GF Value